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Economy

China blasts new US tariff threat, warns it will retaliate

Updated : June 21, 2018 09:04 AM IST

Trump's announcement fueled fears that economic losses, limited so far to companies hit by US or Chinese tariff hikes, might spread if the dispute chills global trade.
Global stocks fell after Trump's announcement. China's market benchmark dropped 3.8 percent while Hong Kong's lost 2.8 percent.
China blasts new US tariff threat, warns it will retaliate

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